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Moody’s upgrades CenterPoint Energy Resources commercial paper to Prime-1

Moody's logoMoody's
Sig2.25Sen+1.05Env0.00Soc0.00Gov-0.90
CenterPoint Energy logoCenterPoint Energy
Sig1.45Sen+1.60Env0.00Soc0.00Gov0.00

Moody’s upgraded CenterPoint Energy Resources Corp.’s commercial paper rating to Prime-1 from Prime-2, correcting an earlier rating-action error. The change does not affect the company’s other ratings or stable outlook. Moody’s cited continued credit strength, including CFO pre-W/C to debt in the 21–26% range, and expects gas capital spending to rise further through 2030.

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